Invest in a Contractor Accountant You Can Trust

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A short summary that looks at the importance of finding an accredited and reliable accountant to help you with your business.

Whether you are starting out with a small business or have spent years building up a successful enterprise, it's vital that you have a reputable and experienced accountant to help you be as tax efficient as possible. This is best done by employing an accountant to review your situation on a regular basis and to give you ongoing support.

Choosing an accountant is not something you should rush into, as not only should they have the right credentials and qualifications such as "ACCA" and "CA", which will ensure they meet a professional standard, but they should also have necessary experience working with businesses within the industry you are in. So if you are a contractor, look for firms that have experience in the contracting marketplace, and that undertake comprehensive IR35 contract reviews; they should of course also be PCG accredited.

Once tracked down, experienced contractors will benefit from savings in costs and the reduction of admin time, as a contractor accountant [http://www.accountsnet.co.uk/aboutus/the-contractors-accountant/] will run their employee payroll, create VAT returns, and help you claim all allowable expenses that will in turn reduce your tax bill. However, it's important to look for an accountant that focuses on building strong links with their clients, as this will ensure you work effectively with them.

There's no doubt that the internet has revolutionised the way people do business, and handling one's accounts has also been positively affected. Contractors should not be expected to pay for online software, or email spreadsheets around; instead they should employ an accountant with complimentary purpose built systems that are comprehensive enough to keep you abreast of things such as income tax, company profits and VAT.

Don't settle for an accountant that will expect you to deal with an account manager before being able to speak with them directly. A qualified and familiar member of staff should always be on the other end of the phone, and if you're able to communicate online then you will also save yourself time and hassle by not having to make frequent trips to an office for an appointment. So if you want a new accountant or are new to the world of contracting work, find a reputable firm that will handle your transfer or set-up without charging you for the pleasure.

For further details:

Contact Numbers : 01506592144; 07595 539281
Email Address: aphee@accountsnet.com
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